CityQ AS and Wuolah: Difference between pages

Revision as of 17:44, 22 July 2022

Summary

Wuolah believes that everyone needs help passing their university tests; that's why they exist. Their research indicates Wuolah is one of the largest collaborative and 100% free platforms for sharing study material among students. It has 2M+ registered users and aims to keep growing. After this raise they will start planning their expansion into new countries in LatAm.

Best Spanish Startup - European Business Angels Network Congress 2017
1M students have used Wuolah this academic year. 4M+ uploaded files.
€2M raised so far, including debt & equity.
Wuolah content creators have received €500k so far.

Idea

In 2015, we identified a problem: at some point, everyone needs help passing a university test but there isn’t a free, collaborative, and centralized hub where students can find and share helpful materials related to their studies. Enter Wuolah; a free platform where students upload their study materials and receive an economic reward for doing so. Other students can then use those materials to pass their tests.

Traction:

1M students have used Wuolah this academic year
4M+ uploaded files and 9000+ active content creators
30M+ files are downloaded each year
20 min average session duration
Organic growth with a strong virality on social media.
Wuolah is the nº1 result on Google when searching for the word ‘apuntes’ (course notes) which is helping us become one of the largest Spanish speaking student communities

We monetise by placing ads on study materials uploaded by users. Ads are therefore seen during long revision hours by those who download the materials. Our model has attracted brands like Netflix, HBO and Burger King, making us the “YouTube for study materials”.

With our fundraising we want to expand into Mexico and start running experiments in 5 new countries within LatAm to keep growing. We also want to add new functionalities like the possibility for creators to share premium materials so that they can make more money on Wuolah.

Team

Jaime Quintero (CEO) Has started an Industrial Engineering degree from the University of Seville. He specialises in the product & manages the technical aspects of the company.

Enrique Ruiz (CFO) Management and Administration from the University of Seville. He leads the legal team, HR and fundraising. He has raised €2M so far, including both, debt and equity..

Javier Ruiz (Sales Director)Has started an Industrial Engineering degree from the University of Seville. He is in charge of the sales department. He leads strategic alliances with advertising agencies and he is the best one at Hubspot (our CRM).

Francisco José Martínez (Growth Director) Finance and Accounting at the University of Seville. He leads the content and uploader department. He is responsible for growth and has managed to bring 4M+ files to the platform.

Andreas Mihalovits (Advisor) is a German serial entrepreneur and angel investor who has invested in 100+ international startups. He founded Marbella Tech Angels and co-founded the Global Super Angels Club.

Rafael Pérez Olivares (Advisor) was part of the team at TopRural when it was sold to HomeAway for €14M. He has worked in successful startups such as El Reclamador and has helped Wuolah a lot in operations, where he also invests.

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 ==Summary==
-Cities are restricting car traffic & parking, forcing a shift towards cycling. CityQ is developing a new type of weather protected ebike for both families & cargo with a planned built-in IT-platform for rental & managing the bike remotely. They are fundraising to launch & deliver pre-orders to cities in Europe.
+Wuolah believes that everyone needs help passing their university tests; that's why they exist. Their research indicates Wuolah is one of the largest collaborative and 100% free platforms for sharing study material among students. It has 2M+ registered users and aims to keep growing. After this raise they will start planning their expansion into new countries in LatAm.
-* Delivering 1st units to pilot customers & 100 pre-orders
+* Best Spanish Startup - European Business Angels Network Congress 2017
-* Partnered with International car manufacturers & distributors
+* 1M students have used Wuolah this academic year. 4M+ uploaded files.
-* Patent pending technology, Planned IT for rental through a 3rd party partnership
+* €2M raised so far, including debt & equity.
-* Great press interest globally - more than 430 international news stories
+* Wuolah content creators have received €500k so far.
 ==Idea==
-Do you struggle with car traffic or just getting around in the inner city?
+<vimeo>556097357</vimeo>
-Coming from Scandinavia we have seen the shift towards new mobility solutions. That’s why we created CityQ.
+In 2015, we identified a problem: at some point, everyone needs help passing a university test but there isn’t a free, collaborative, and centralized hub where students can find and share helpful materials related to their studies. Enter Wuolah; a free platform where students upload their study materials and receive an economic reward for doing so. Other students can then use those materials to pass their tests.
-We aim to offer the CityQ combining the advantages of both an ebike and a micro car: While it is weather protected and can offer car-like comfort, users can drive it door-to-door and like with a bike we think you will find plenty more options to park your CityQ. We believe it is ideal for personal transport and last-mile deliveries.
+Traction:
-For the future we plan to offer the CityQ with built-in capabilities for rental and sharing, including an IT platform (supplied by a 3rd party) that can diagnose the ebike remotely, and push new functionalities via the web, similar to a Smart Phone or a Tesla.
+* 1M students have used Wuolah this academic year
+* 4M+ uploaded files and 9000+ active content creators
+* 30M+ files are downloaded each year
+* 20 min average session duration
+* Organic growth with a strong virality on social media.
+* Wuolah is the nº1 result on Google when searching for the word ‘apuntes’ (course notes) which is helping us become one of the largest Spanish speaking student communities
-The ebike market is growing fast post-Covid, with cargo and family eBikes estimated to reach 1-2m units in annual sales in Europe by 2030.
+We monetise by placing ads on study materials uploaded by users. Ads are therefore seen during long revision hours by those who download the materials. Our model has attracted brands like Netflix, HBO and Burger King, making us the “YouTube for study materials”.
-We have 100 partially paid pre orders, plus 10 units currently under construction to be delivered to a pilot customer.
+With our fundraising we want to expand into Mexico and start running experiments in 5 new countries within LatAm to keep growing. We also want to add new functionalities like the possibility for creators to share premium materials so that they can make more money on Wuolah.
-We’ve received 2 green-tech grants and signed partnership with an EV car sharing platform and an EV OEM with the ambition of becoming the Nordic market leader in green mobility.
-We want to raise €200k to deliver part of our first orders and further develop our tech platform.
 ==Team==
-With an experienced management team and board (including the ex Minister of Transport in Norway) we have a track record from automotive, ebike sharing and software industry.
+Jaime Quintero (CEO) Has started an Industrial Engineering degree from the University of Seville. He specialises in the product & manages the technical aspects of the company.
-'''Morten Rynning, CEO''': An experienced entrepreneur who has successfully built and sold several companies, such as Designkupp and CyberWatcher. He is also chairman at ShareBike.com (a city eBike sharing platform) and at Mobility Finance (eBike) leasing platform.
-'''Davide Pojer, Mechanical Engineer''': Senior engineer, experienced within product development and construction of mobility products.
+Enrique Ruiz (CFO) Management and Administration from the University of Seville. He leads the legal team, HR and fundraising. He has raised €2M so far, including both, debt and equity..
-'''Atle Stubberud, Head of Product (Part-time)''': Working in industry design, broad experience in designing bikes, eBikes, motorbikes, cars and electric cars.
+Javier Ruiz (Sales Director)Has started an Industrial Engineering degree from the University of Seville. He is in charge of the sales department. He leads strategic alliances with advertising agencies and he is the best one at Hubspot (our CRM).
-'''Theodore Zannakis, Manufacture Lead (Advisor)''': Automotive expert with numerous OEM such as Lotus, Volvo, Geely, Pininfarina, CEVT (China Euro Vehicle Technology AB) for purchasing and supply chain management - specialist in electric propulsion systems. CEO at partner: Anodox and Evotiv
+Francisco José Martínez (Growth Director) Finance and Accounting at the University of Seville. He leads the content and uploader department. He is responsible for growth and has managed to bring 4M+ files to the platform.
-'''Christopher Gruen, Business Development (Part-time consultant)''': Experienced in sales, business development and start-up acceleration within energy and mobility (Shell, Novazure).
+Andreas Mihalovits (Advisor) is a German serial entrepreneur and angel investor who has invested in 100+ international startups. He founded Marbella Tech Angels and co-founded the Global Super Angels Club.
-'''Amina Latroche, Marketing (Part-time)''': Working with marketing, pilot projects, pilot customers and roadshows.
+Rafael Pérez Olivares (Advisor) was part of the team at TopRural when it was sold to HomeAway for €14M. He has worked in successful startups such as El Reclamador and has helped Wuolah a lot in operations, where he also invests.
+[[Category:Thesis]]
+[[Category:Equities]]